Question: Starting today, you plan to start saving for a jet ski. You will need $ 2 4 , 0 0 0 to buy a good

Starting today, you plan to start saving for a jet ski. You will need $24,000 to buy a good used one. How much will the monthly payments need to be if you can earn 12% annually and do not plan to buy the jet ski for 3 years. Assume end of the period payments. Round to the nearest dollar.

  

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